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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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309 Morgan St , Wadesboro, NC 28170
$478,888
Est. Payment: $1,064.20/mo
8 Bed
8 Bath
5093 Sqft
Status: Active | Days on site: 167
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R00287 - 83481
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Beautiful historic home that has been converted to 8 apartments within walking distance to downtown Wadesboro. Currently generating over $59k in net cash flow generating over an 11% Cap rate!!! This building has maintained much of it's charm over the years with original hardwood floors and other classic accents throughout the building. Currently 8 of the apartments are occupied and many have been painted and refurbished. Most of the tenets have lived at this property for over a year. This property is a great opportunity for a savvy investor or anyone who loves big historic homes.
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Highlights

Listed by Drew Tatum , 919-451-1509 COMPASS , 704-234-7880.

Property Type

Residential
Lot/Acreage
0.39

Year Built

1890

County

Anson

 Neighborhood

None

Listing ID

4356330

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:8
  • ▪ Full Bathrooms:8
Appliances:Electric Water Heater
Air Cond:Ceiling Fan(s),Wall Unit(s)
Fireplaces:
Above Ground Sq Ft:5093
Below Ground Sq Ft:0
Other:
  • ▪ Additional:Master on Main
Water:City

Exterior Features

Lot Dimensions:Irregular
Sewer:Public Sewer
Parking Features:Driveway,Parking Lot
Principal Interest
$1,064
Taxes
$305

Home Price

$478,888

Loan Details

30 yrs
%

Down Payment

20%
$95,778
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,064.20

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,064.20 $305.29 $0.00 $1,369.49
Yearly $12,770.35 $3,663.49 $0.00 $16,433.84
Total $383,110.40 $109,904.80 $0.00 $493,015.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Wadesboro, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.